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Shanthala FMCG Products IPO vs WomanCart IPO

Comparison between Shanthala FMCG Products IPO and WomanCart IPO.

IPO Details

Shanthala FMCG Products IPO is a SME Fixed Price IPO proposed to list at NSE SME while WomanCart IPO is a SME Fixed Price proposed to list at NSE SME.

 Shanthala FMCG Products IPOWomanCart IPO
LogoShanthala FMCG Products IPO LogoWomanCart IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMENSE SME
Lead ManagersFirst Overseas Capital Ltd.Narnolia Financial Services Ltd.
RegistrarBigshare Services Pvt.Ltd.Maashitla Securities Pvt.Ltd.
Market MakerBhh Securities Pvt.Ltd.Nikunj Stock Brokers Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Shanthala FMCG Products IPO is up to ₹15.27 Cr whereas the issue size of the WomanCart IPO is up to ₹9.08 Cr. The final issue price of Shanthala FMCG Products IPO is ₹91.00 per share and of WomanCart IPO is ₹86.00 per share.

 Shanthala FMCG Products IPOWomanCart IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹91.00 per share₹86.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1200 shares1600 shares
Fresh Issue Size16,77,600 shares10,56,000 shares
Fresh Issue Size (Amount)up to ₹15.27 Crup to ₹9.08 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total16,77,600 shares10,56,000 shares
Issue Size Total (Amount)up to ₹15.27 Crup to ₹9.08 Cr

IPO Timetable

Shanthala FMCG Products IPO opens on Oct 27, 2023, while WomanCart IPO opens on Oct 16, 2023. The closing date of Shanthala FMCG Products IPO and WomanCart IPO is Oct 31, 2023, and Oct 18, 2023, respectively.

 Shanthala FMCG Products IPOWomanCart IPO
Anchor Bid Date
Issue OpenOct 27, 2023Oct 16, 2023
Issue CloseOct 31, 2023Oct 18, 2023
Basis Of Allotment (Tentative)Nov 03, 2023Oct 23, 2023
Initiation of Refunds (Tentative)Nov 06, 2023Oct 25, 2023
Credit of Share (Tentative)Nov 07, 2023Oct 26, 2023
Listing date (Tentative)Nov 03, 2023Oct 27, 2023
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Shanthala FMCG Products IPO P/E ratio is 25.66, as compared to WomanCart IPO P/E ratio of 50.67.

 Shanthala FMCG Products IPOWomanCart IPO
Financials

Shanthala FMCG Products Limited Financial Information (Restated)

Shanthala FMCG Products Limited's revenue increased by 25.28% and profit after tax (PAT) rose by 292.26% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Aug 202331 Mar 202331 Mar 202231 Mar 2021
Assets827.32657.21615.79569.67
Total Income1,585.584,077.253,254.573,955.67
Profit After Tax10.1517.734.5214.41
Net Worth549.32143.22125.49120.97
Reserves and Surplus56.1593.2275.4970.97
Total Borrowing
Amount in ₹ Lakhs

WomenCart Limited Financial Information (Restated Standalone)

WomenCart Limited's revenue decreased by -12.57% and profit after tax (PAT) rose by 15.62% between the financial year ending with August 31, 2023 and March 31, 2023.

Period Ended31 Aug 202331 Mar 202331 Mar 202231 Mar 2021
Assets879.25515.09385.41134.96
Total Income764.99874.95425.67135.15
Profit After Tax54.3547.0120.74-17.94
Net Worth561.08311.13264.1216.38
Reserves and Surplus251.48200.33153.32-18.62
Total Borrowing169.99122.1579.1192.28
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)77.4478.01
Promoter Shareholding (Post-Issue)57.01957.40
P/E Ratio25.6650.67
Market Cap₹60.95 Cr.₹36.19 Cr.
ROE12.38%15.11%
ROCE19%17.97%
Debt/Equity3.120.10
EPS₹3.55₹1.70
RoNW12.38%15.11%

Shares Offered

In the Shanthala FMCG Products IPO Retail Individual Investors (RII) are offered 8,38,800 shares while in WomanCart IPO retail investors are offered 8,38,800 shares. Qualified Institutional Buyers (QIB) are offered in Shanthala FMCG Products IPO and in WomanCart IPO.

 Shanthala FMCG Products IPOWomanCart IPO
Anchor Investor Reserveration
Market Maker Reserveration88,800 shares56,000 shares
QIB
NII8,38,800 shares5,28,000 shares
RII8,38,800 shares5,28,000 shares
Employee
Others
Total16,77,600 shares10,56,000 shares

Bids Received (Subscription)

Shanthala FMCG Products IPO subscribed 3.91x in total, whereas WomanCart IPO subscribed 67.48x.

 Shanthala FMCG Products IPOWomanCart IPO
QIB (times)
NII (times)4.76x56.30x
Big NII (times)
Small NII (times)
RII (times)3.05x71.94x
Employee (times)
Other (times)
Total (times)3.91x67.48x